SFC concludes consultation on position limit regime

Hong Kong SFC

The Securities and Futures Commission (SFC) today published conclusions to a consultation to expand the scope of the position limit regime.

After considering market feedback, the SFC has concluded that the proposals as set out in the consultation will be implemented. These include a 300% cap on the excess position limit that may be authorized by the SFC, a statutory position limit of 150,000 contracts for stock options as well as new excess position limits for index arbitrage activities, asset managers and market makers of exchange-traded funds.

In light of market responses, the minimum “assets under management” requirement applicable to asset managers will be lowered from $100 billion to $80 billion.

Subject to the legislative process, the SFC plans for the amended rules to come into effect on 1 June 2017.

Related News


SFC concludes consultation on position limit regime


Send this to a friend

Fill out the form below for more information
for lising in LeapRate's Forex Yellow Pages

Please enter the company name, email address to reach you and phone # (optional):

Please fill out the message field to the right for any questions or special inquiry: